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Independent journal on economy and transport policy
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BRIEFS
November 19, 2002
Shipping Timesweb site
Shipping News
  • Japan's 3 big lines hit by profit slump
    JAPAN's three major shipping lines suffered severe first half profit slumps, but two of them, Kawasaki Kisen Kaisha Line and Mitsui OSK Lines , were more upbeat about the next six months.
  • Containership turns into fireball
  • EC exempts shipping cartel from curbs
  • Spain escapes ecological tragedy for now
  • Patrick Corp's H2 earnings expected to surge 76%
Air and Land Transport
  • Aussie govt clips wings of air safety watchdog
    AUSTRALIA's government announced yesterday that it was taking direct control of the nation's air safety agency, which has come under scrutiny in recent years after a spate of deadly crashes.
  • United to cut 9,000 jobs, capacity, in loan bid
  • Federal airport screeners take over checking air passengers
  • 2nd Viet airline plans flights to S'pore
  • Garuda pins hopes on new Shanghai route
Features
  • Sweden rebuilding Gotheborg, its 18th Century glory ship
    PIRATES, plunder, treasure and trade will come to life again when a Swedish company completes building a replica of the country's most famous 18th Century merchant ship.
  • Breaking up is hard to do

Shipping Timesweb site
Shipping News
  • Japan's 3 big lines hit by profit slump
    JAPAN's three major shipping lines suffered severe first half profit slumps, but two of them, Kawasaki Kisen Kaisha Line and Mitsui OSK Lines , were more upbeat about the next six months.
  • Containership turns into fireball
  • EC exempts shipping cartel from curbs
  • Spain escapes ecological tragedy for now
  • Patrick Corp's H2 earnings expected to surge 76%
Air and Land Transport
  • Aussie govt clips wings of air safety watchdog
    AUSTRALIA's government announced yesterday that it was taking direct control of the nation's air safety agency, which has come under scrutiny in recent years after a spate of deadly crashes.
  • United to cut 9,000 jobs, capacity, in loan bid
  • Federal airport screeners take over checking air passengers
  • 2nd Viet airline plans flights to S'pore
  • Garuda pins hopes on new Shanghai route
Features
  • Sweden rebuilding Gotheborg, its 18th Century glory ship
    PIRATES, plunder, treasure and trade will come to life again when a Swedish company completes building a replica of the country's most famous 18th Century merchant ship.
  • Breaking up is hard to do

Shipping Timesweb site
Shipping News
  • Japan's 3 big lines hit by profit slump
    JAPAN's three major shipping lines suffered severe first half profit slumps, but two of them, Kawasaki Kisen Kaisha Line and Mitsui OSK Lines , were more upbeat about the next six months.
  • Containership turns into fireball
  • EC exempts shipping cartel from curbs
  • Spain escapes ecological tragedy for now
  • Patrick Corp's H2 earnings expected to surge 76%
Air and Land Transport
  • Aussie govt clips wings of air safety watchdog
    AUSTRALIA's government announced yesterday that it was taking direct control of the nation's air safety agency, which has come under scrutiny in recent years after a spate of deadly crashes.
  • United to cut 9,000 jobs, capacity, in loan bid
  • Federal airport screeners take over checking air passengers
  • 2nd Viet airline plans flights to S'pore
  • Garuda pins hopes on new Shanghai route
Features
  • Sweden rebuilding Gotheborg, its 18th Century glory ship
    PIRATES, plunder, treasure and trade will come to life again when a Swedish company completes building a replica of the country's most famous 18th Century merchant ship.
  • Breaking up is hard to do

Sched Netweb site
  • Hanjin's founder Cho Choong-hoon dies
  • CMA CGM, P&O to become France's largest port operator
  • K Line adopts total vessel performance analysis system
  • ICTSI develops its first terminal monitoring software
  • Felixstowe relaunches web site
  • Transnautic to market Khalifa Airways services in Germany
  • AirNet Systems welcomes Bruce Parker on board
  • KLM to launch electronic flight bag on new Boeing 777s

Cargowebweb site
NOVEMBER 18, 2002
  • About 10,000 exit at United
    United Airlines is expecting to return to profit in 2004 through a financial restructuring in which around 9,000 till 10,000 jobs will be cut by 2004.
  • TPG up on price decision ministry
    Although the Ministry of Economic Affairs today announced its decision on postal tariff regulation until 2007, and TNT Post, the monopoly in postal services in The Netherlands complained about it, shares won more than 5 per cent at the Amsterdam Stock Exchange.
  • P&O Ports volumes rose 14 per cent
    P&O Ports, one of the world's biggest ports operators saw its ports' container volumes rose 14 per cent in the third quarter 2002. P&O's contract logistics business, which it is trying to sell, remained sluggish.
  • Atlas Air up 23 per cent on strong results
    Shares of Atlas Air Worldwide Holdings jumped 23 per cent Friday after the air freight concern reported revenue of $290.8 million, up from $150.7 million a year earlier
  • Agreement U.S. Postal and union
    The U.S. Postal Service and American Postal Workers Union reached tentative agreement on a two-year contract extension for 366,000 workers, with a 1.3 per cent wage increase in 2003 and in 2004, as well as four cost-of-living boosts by late 2005.

The Bunker Bulletinweb site
NOVEMBER 18, 2002
  • Daily Bunker market report from Praxis Energy Agents
  • Prestige oil hits Spanish coast, bigger disaster still feared
  • New port complex stiffens competition in Baltic bunker market
  • Crude gains but still room for further weakness?
  • Copec boosts central Chile barge fleet
  • Tanker carrying fueloil to Rotterdam runs aground near Denmark
  • Rotterdam opens steady despite firmer crude

International Transport Journalweb site
NOVEMBER 18, 2002
  • LCL Group starts LA/Caribbean service ex-India via Miami and is appointed exclusive partner of Econocaribe Consolidators
  • JAL, JAS post profits in first half
  • John Nuriminem acquires Atlans' business operations
  • EIA unveils finalists for the 3rd Annual Intermodal Awards
  • SembLog Orient Caspian forms joint venture with Azpetrol
  • K Line's interim net income drops 35%
  • US Government warns workers and bosses to keep ports open
  • P&O Nedlloyd takes operating loss of USD 46 million for Q3
  • Cathay hauls 14pc more freight in October
  • Air France and Alitalia develop alliance

Marine Logweb site
NOVEMBER 18, 2002
  • Landmark maritime security legislation set for signature
    The Maritime Security Act of 2002 (S. 1214) has been passed by both Houses of Congress. What's in it?
  • Bangladesh takes firm line on fire safety
    If your vessel is headed for Bangladesh, be sure that it's in compliance with the latest SOLAS fire safety requirements
  • Newbuilding quality issues
    High level meeting in Shanghai

The East Africanweb site
NOVEMBER 18, 2002
  • Somali Piracy: Ships Switch to War Cover

Lloyd's Listweb site
  • Clydeport urges 'yes' vote to Peel £184m takeover bid
    Clydeport, Scotland's leading west coast ports group, is recommending a £184m ($276m) takeover bid from Peel Holdings, the property and airports group which owns the Manchester Ship Canal.
  • AkerKvaerner in six boxship deal for Iran
    TWO German yards belonging to the AkerKvaerner group have received an order from Iran for six 2,500 teu boxships, worth $205m.
  • Aznar threatens legal action over Prestige
    SPANISH prime minister Jose Maria Aznar weighed into the Prestige incident yesterday, saying last night that Spain would take the necessary "legal and political measures when the right time comes".
  • Speed up ship safety measures says Brussels
    THE European Commission does not believe that the Prestige casualty raises the need for new European measures to further tighten maritime safety standards, but rather the acceleration and stricter implementation of existing legislation, writes Brian Reyes in Gibraltar.

Fairplayweb site
NOVEMBER 18, 2002
  • Universe backs master's actions
  • Frontline shows 3Q weakness
  • Military 'would be a disaster'
  • Clydeport board backs take-over bid
  • Industrialists hit out at owners
  • Fireworks shake stricken boxship
  • Actinor has no work for cruise ship
  • Three years since PSC saw Prestige
  • WG&A becomes Aboitiz Transport
  • Fjord Line rejoins united Colors
  • Italian seafarers to strike
  • CMA CGM, P&O Ports to link up
  • Pindar safe after grounding
  • UAE carrier to raise $120M
  • Johor's hub plans taking shape
  • Hanjin founder dies
  • Prestige captain in custody

The Journal of Commerceweb site
NOVEMBER 18, 2002
  • Happy holidays? ILWU exec says West Coast deal could happen by year-end
    An International Longshore and Warehouse Union official said that he is "cautiously optimistic" a West Coast labor contract could be in place by late December.
  • Providers told to take lead on issues over intermodal equipment safety
    A coalition of trucking interests and organized labor is prodding state legislatures to shift responsibility for safe intermodal equipment from motor carriers to the companies that provide chassis, trailers and containers.
  • EU in bid for open-skies deal
  • Iraq fears spur tanker rate surge
  • Record year for Guangzhou
  • BNSF, NS roll out transcon perishable service
  • Senate confirms STB, FMC picks
  • Vastera's Rishi named to Integres board
  • Trio of interested buyers for SCI
  • P&O to expand Pakistan terminal
  • Long voyage for port security bill
  • Mixed results for U.S.-Puerto Rico lines

Antwerpse Lloyd n.v.web site
  • Mærsk Sealand va aligner six PC de 4.500 TEU sur l’Amérique du Sud côte Est
    Une fois de plus ça bouge sur le secteur de trafic Europe du Nord-côte est de l’Amérique du Sud. Cette fois c’est Mærsk Sealand qui prend l’initiative, manoeuvre qui ne va pas sans créer inquiétude et appréhension parmi les autres armements opérant sur cette route, alors que ce marché est déjà très difficile, suite à la déplorable situation économique dans laquelle se trouvent l’Argentine, l’Uruguay et le Brésil. L’armement danois va remplacer ses moyens d’actions en alignant 6 PC de 4.500 TEU, qui remplacent d’une part les 4 unités de 2.800 TEU qui assurent son service propre au départ de l’Europe du Nord, et d’autre part 2 PC de 2.000 TEU qu’il aligne dans un des deux loops assuré avec 6 PC de cette taille par le groupe Hamburg Süd/ALiança/CMA CGM. Mærsk se retire de cette dernière configuration au début de l’année prochaine.
  • L’ECG estime que le programme Marco Polo est discriminatoire
    Marco Polo, le programme de la Commission européenne destiné à promouvoir les services de transport non routiers, est discriminatoire à l’égard de certains types de transport, dont celui des véhicules finis. C’est ce qui est ressorti des travaux de l’ECG (European Car-Transport Group of Interest), qui a tenu sa conférence annuelle la semaine passée à Prague. Les sociétés de tansport et de logistique de véhicules, y ont constaté que plusieurs développements actuels et futurs, affectant le secteur, constituent des défis importants pour eux.
  • Les chargeurs ne veulent pas s’en remettre à la décision de la Commission sur la TACA
    L’European Shippers’ Council (ESC), qui s’est toujours opposée au système de conférence, a clairement manifesté son mécontentement quant à la décision de la Commission d’accorder à la conférence Revised TACA (TACA-II) une nouvelle exemption aux règles européennes de concurrence sur base de la directive 4056 de 1986. Selon la secrétaire-générale de l’ESC, Nicolette van der Jagt, un appel contre cette décision fait partie des possibilités, mais son organisation ne se prononcera pas en la matière avant d’avoir étudié en détail le texte de la Commission. L’ESC déclare aussi qu’on ne peut considérer l’approbation de la TACA-II comme un modèle pour les conférences actives sur d’autres marchés.
  • Lagermax et V.T.E. signent un contrat de coopération exclusif
    L’entreprise de transport et d’expédition néerlandaise V.T.E. de Venlo a resserré ses liens avec son partenaire autrichien Lagermax au sein du réseau 24plus. Des liaisons quotidiennes sont proposées entre Venlo d’une part et Salzbourg, Vienne, Linz et Graz d’autre part depuis lundi dernier. Salzbourg sera éventuellement utilisé comme hub pour les pays d’Europe de l’Est par V.T.E.

TradeWindsweb site
NOVEMBER 18, 2002
  • Stena AB returns to high-yield bond market
    Firm to take advantage of upturn in bond market to refinance two earlier issues.
  • US tops up Coast Guard coffers
    US agency will have $6bn to play with next year as the government steps up the fight on terrorism.
  • Star Cruises ups returns
    Cruise giant improves fortunes on increased capacity, higher occupancy, and cost savings.
  • Volgaflot earmarks bond cash for fleet make-over
    Russian owner plans capacity increase and upgrade for 67 vessels.
  • Spain sets EUR 3m bail on Prestige master
    Tanker begins to leak oil again as political row over vessel deepens.
  • Interim losses widen at IHI
    Japanese shipbuilder hit by strong yen and weak sales at aircraft parts division.
  • Frontline renegotiates BP charters
    Losses mount but John Fredriksen's tanker giant is hopeful of better fourth quarter.
  • Aker MTW in boxship bonanza
    German shipbuilder follows partner yard Warnow Werft in securing vital order.
  • Master arrested as Prestige deteriorates
    Skipper taken into custody for allegedly delaying salvage effort as tanker's condition worsens.
  • Clydeport selling out to Peel
    Four Scottish ports plus feedership service to be bought by manager of Manchester Ship Canal.
  • Wallem tanker refloated off Denmark
    No pollution reported from OBO Pindar, which went aground off Danish island of Laesoe.
  • Hanjin founder Cho Choong-hoon dies
    Transport-focused chaebol chief believed in hard-work and dedication.
  • Conrad inks Alaskan ferry newbuilding
    Southern United States shipbuilder takes order backlog to record $40m with domestic ro-pax deal.
  • Five caught in ITF Aussie campaign
    Union blitz rakes in $280,000 in back pay plus wage rises for another 1,000 "underpaid" crew.
  • Wartsila and Mitsubishi in engine tie-up
    Long-term collaborators to jointly develop new low-speed marine diesel engine.

›››File
FROM THE HOME PAGE
Ports of Italy: The issue of competences divides the reform
Rome
At the Confitarma conference, Rixi defends the new national control room, while experts and operators ask for clarity on the relationships with the AdSPs and on the resources of the new company.
The maritime sector is divided between cautious support and criticism over the EU ETS review.
Brussels/Washington/
Copenhagen/Piraeus/Rotterdam
Yet another attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit and abandoned by the crew.
ECSA considers the proposed revision of the EU ETS to be a first step, but many others should follow.
Brussels
Raptis: It's a good idea to allocate system revenues at EU and national levels to support sustainable fuels.
ESPO: No to lowering the EU ETS application threshold from 5,000 to 400 GRT vessels.
Brussels
Appreciation for measures aimed at reducing evasive ship calls
T&E welcomes some new proposals from Brussels for the EU maritime ETS
Brussels
The association is more critical of the measures studied by the EU Commission for the aviation sector
For Assarmatori, the Commission's proposal on the EU ETS is timid, while more courageous measures were expected
Brussels
EU Maritime ETS: The European Commission partially accepts shipowners' requests.
Brussels
A new €110 million fund for clean fuels, non-permanent exemptions extended to 2035, an IMO deduction mechanism, and crackdowns on "evasive" transshipment ports.
Another ship was hit by a shell in the Strait of Hormuz
Southampton/Tampa
US Marines conducted an inspection aboard a sanctioned oil tanker
Port of Gioia Tauro: First connection of a large container ship to the cold ironing system
Gioia Tauro
The ship "MSC Mirja" powered with a total power of approximately seven MW
In the second quarter of 2026, freight traffic in the port of Antwerp-Bruges decreased by -2%.
Antwerp
Dry bulk volumes recovered and rolling stock increased. Other sectors declined.
COSCO Shipping Ports sets new quarterly and half-year container traffic records
Hong Kong
US forces struck the VLCC Belma sailing towards Iran's Kharg Island.
Tampa
It is operated by the Emirati Max Maritime Solutions which is subject to US sanctions
In May, freight traffic in the port of Genoa was stable, while in Savona-Vado it decreased
Genoa
In the first five months of 2026, containers amounted to 1,199,914 TEUs (-2.8%), of which 999,228 (-1.4%) and 200,686 (-9.2%) were handled by the two ports respectively.
Turkey's GIH acquires Royal Caribbean's stakes in Kusadasi and Lisbon cruise terminals
Istanbul
Shareholdings rose to 99.99% and 60% respectively
In the first half of the year, Russian ports handled 451.5 million tons of cargo (+5.8%)
St. Petersburg
Record traffic in the second quarter
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Trump backtracks on 20% tax on ships passing through Hormuz under US protection
Washington/Southampton/Rotterdam
Meanwhile, another tanker, the "Stolt Magnesium", was hit by a missile near Oman
European shipowners call for permanent derogations from the EU maritime ETS after 2030
Brussels
Exemptions for connections with islands and outermost regions, for polar class vessels, for transnational public service obligations and for search and rescue activities
The rail sector is calling for recognition of its contribution to decarbonisation in the EU ETS review.
Brussels
Two VLCCs operated by the UAE's ADNOC were attacked in the Strait of Hormuz.
Abu Dhabi/Tampa
US Central Command announces reinstatement of blockade on maritime traffic in and out of Iranian ports
Trump announces a tax on goods passing through the Strait of Hormuz protected by the US
Washington/Portsmouth
Expected to be equal to 20% of the value of the transported loads
Six-monthly vessel traffic in the Straits of Malacca and Singapore increased by +3.7%
Port Klang
In the second quarter of this year alone, a decrease of -0.5% was recorded
In May, naval traffic in the Suez Canal increased by +15.0%
Cairo
In the first five months of 2026, 5,696 ships passed through the port (+12.7%)
OOCL records sharp increase in containers carried by its fleet
Hong Kong
In the April-June quarter, revenues generated by this activity grew by +19.8%
Strait of Hormuz, a container ship was attacked near the coast of Oman
Muscat/Portsmouth/New Delhi/Tampa
Fire on board. One crew member missing. 23 other sailors rescued.
At the port of Marseille-Fos, general cargo traffic is increasing while bulk cargo is decreasing.
Marseille
In the first half of 2026, cruise passengers increased by +5%
The Swedish government is calling for the EU maritime ETS to be extended to more vessels.
Stockholm
Stockholm stresses the need for the ETS to remain a pillar of EU climate policy
Assiterminal will bring the issues of concession fees, investments and intermodality to the attention of politicians.
Genoa
Proposal to grant a concession fee discount to terminals that increase rail traffic
Pirate attacks on ships continue to decline
London
In the first half of this year, 38 accidents occurred compared to 90 in the first six months of 2025.
There are still six thousand sailors trapped in the Strait of Hormuz region
London
Dominguez (IMO): I remain confident that the evacuation plan can be resumed
A study highlights the significant costs and counterproductive effects of the application of the EU ETS to maritime connections with western Sicily
Palermo
For the Naples-Palermo and Genoa-Palermo routes the annual cost varies between 2.9 million and 19.9 million euros.
Fincantieri to build third ultra-luxury cruise ship for Four Seasons Yachts
Trieste
The unit will be built in the Ancona plant and will be delivered in 2031
Fermerci urges the search for resources to support rail freight transport.
Rome
Paper: from the remodulation of the PNRR we expect that resources will finally be allocated to compensate for the damages that operators are suffering
Another tanker hit by a drone in the Strait of Hormuz
Southampton
The device caused limited structural damage
New attack on a ship in the Strait of Hormuz
Southampton
A tanker was hit by a shell which started a fire
Evergreen founder's son investigated for insider trading
Taipei
He was released on bail today
ECSA: Shipping receives a cut of its EU maritime ETS payments.
Brussels
Italy, ranked third in Europe, earns €669-787 million. Only France and Estonia allocate a specific portion of this revenue to the maritime sector.
Fincantieri acquires Next Geosolutions, WSense, Graal Tech, and Defcomm to develop the underwater segment
Trieste
The first phase of operations involves an outlay of approximately 600 million euros
A new attack on a ship in the Red Sea raises alarm over a possible resumption of Houthi actions.
Portsmouth
The accident occurred 30 nautical miles southwest of the port of Hodeidah
The Regional Administrative Court (TAR) has accepted the appeal for the annulment of the environmental impact assessment decree for the Fiumicino tourist and cruise port.
Rome
The project - explains the ruling - although speaking of a "prevalent" recreational function, actually foresees a very significant cruise component.
Transport & Environment calls for the introduction of national cruise taxes and further EU measures to mitigate their impact
Brussels
Assiterminal's proposals for amending the Ports Bill focus on port work
Genoa
According to the association, the distinction between port operations and services must be overcome
Assologistica and Assoporti also request changes to Porti d'Italia Spa.
Rome
Both associations highlight the central role of the Port System Authorities
Peruvian judiciary rules that COSCO's private port of Chancay must be subject to public oversight
File
The corrections proposed by Confitarma, ANCI, the Port Authorities and the Italian Competition Authority (AGCM) to the port governance reform
Rome
AP Møller Holding to acquire Norwegian ship leasing company Ocean Yield
Copenhagen/London/Oslo
Holds interests in a fleet of more than 70 cargo vessels
CMA CGM to Invest $1.4 Billion to Buy FedEx Supply Chain
Memphis/Marseille
The American company has nearly 10,000 employees
Brittany Ferries announces plan to scale back operations
Roscoff
The company reports that the difficulties caused by the Covid pandemic and unfair competition have been compounded by the effects of the EU ETS.
ITF and JNG agree to maintain the designation of the Strait of Hormuz as a Warlike Operations Area until July 9
London
It provides seafarers with greater protection and more adequate compensation
Assiterminal highlights the difficulty of placing Porti d'Italia, as proposed by the government, within the Italian port system and within Community law.
Rome
Cargo traffic at Chinese seaports fell by -0.4% in May
Beijing
Containers amounted to 27.5 million TEUs (+2.9%)
The administrative process for the new Port Master Plan for Augusta has begun.
Augusta
TiL (MSC Group) acquires 49% stake in Indian port of Vizhinjam
Mumbai
The stake was sold by Adani Ports for $1.4 billion
Hanseatic Global Terminals (Hapag-Lloyd Group) to acquire 20% of Eurogate Container Terminal Hamburg
Hamburg
The German shipping group will also increase its stake in the Moroccan Tanger Alliance
La Spezia is among the Italian ports that are most increasing their connections to container shipping lines.
Geneva
Among the other main national airports, Vado Ligure and Ravenna are losing connections
Spanish shipowners call for EU maritime ETS revenues to be reinvested in shipping
Madrid
Boluda: Spanish companies will inject over five billion euros into the system by 2030
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Middle Eastern Gulf Cooperation Council states call for freedom of navigation through the Strait of Hormuz
Manama
Rejected any toll, tax or attempt to exercise control over the Strait
IMO suspends evacuation operations for ships awaiting transit through the Strait of Hormuz
London/Taipei
Evergreen says its container ship was hit while following the UKMTO-recommended route.
Four entities pre-qualified for the concession of the cargo terminals of the Ukrainian port of Chornomorsk
Gdansk
These are APM Terminals, Mariner/TAS, Yilport Holding and AD Ports/SKF Holdings UK
New attack on a ship transiting the Strait of Hormuz
Southampton
The container ship Ever Lovely was hit by a shell off the coast of Oman.
In 2025, 1,478 containers were lost at sea out of a total of 280 million transported by ships
Washington
On January 1st, the IMO regulation came into force which makes reporting of boxes lost at sea mandatory
BIMCO and ICS' latest report on the maritime workforce raises alarm over officer shortages
London/Bagsværd
In 2026, there will be a shortage of 39,100 STCW certified officers.
In 2025, intermodal traffic handled by Kombiverkehr decreased by -13.5%
Frankfurt am Main
Annual revenues down 8.3%
The government's proposal to update the rules on port governance raises more than one doubt
Rome
Costa: The lack of infrastructure planning cannot be solved with a joint stock company
MSC Cruises and Meyer Werft have not yet signed contracts for four new cruise ships plus two options.
Papenburg/Geneva
The companies expressed confidence that they could successfully conclude negotiations in the coming weeks.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
The LSCI index of Italy's connection to the global network of containerized maritime services continues to grow.
Geneva
In the second quarter of 2026 it was equal to 290.0 (+2.3%)
AD Ports has completed the acquisition of an 81% stake in Global Feeder Shipping.
Abu Dhabi
In 2025, the company's ships carried 2.8 million containers
An evacuation plan has been established for ships still waiting to transit the Strait of Hormuz.
London/Muscat
Dominguez (IMO): The operation will be carried out in close cooperation with Iran, Oman, all other coastal states in the region, the USA and the maritime industry
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Carnival Cruise Line Reports Record Revenue for March-May Quarter
Miami
Fuel costs rise to near-record levels in 2022
Reducing navigation speed and optimizing port calls are the key to decarbonizing shipping
Copenhagen
A new study by the Global Maritime Forum highlights this.
ECSA and A4E reiterate the need to allocate EU ETS revenues to the decarbonisation of ships and aircraft
Brussels
Essential to bridge the price gap between sustainable and conventional fuels
AD Ports' new bid to gain control of Egypt's ALCN rejected
Cairo
A new proposal worth approximately $580 million has been submitted.
John Denholm is the new president of the International Chamber of Shipping
Rome
He succeeds Emanuele Grimaldi, who has completed his four-year term
Falteri (Federlogistica) has been co-opted into the Board of the European Logistics Association
Genoa
International collaboration protocol on integrated logistics with ACLI Terra
GCC urges international community to protect maritime transport against Houthi threats
Riyadh
Reaction to the announcement of a maritime embargo against Saudi Arabia
Fincantieri signs agreement in Qatar for operational management of the Training and Simulation Centre.
Trieste
The center is intended for the training of naval personnel of the Qatari Navy.
Over 770 kilos of cocaine seized at the port of Vado Ligure
Savona
Once released on the market, the drug would have ensured criminal organizations profits of 250 million euros.
Wärtsilä records sharp increase in new order value in second quarter
Helsinki
Net turnover decreased by -2%
Yang Ming orders Hanwha Ocean to build six 13,000 TEU dual-fuel containerships
Keelung
Contract valued at over $1.2 billion
The toll of attacks on ships in the Black Sea worsens
Odessa
Ten dead on board a ship leaving the port of Odessa
Today a new attack on a ship in the Strait of Hormuz
Southampton
The product tanker Kavomaleas of the Greek company Dynacom Tankers Management caught fire
Confitarma disappointed by the Commission's proposal to revise the EU ETS
Rome
Zanetti: The notable absentee is the competitiveness of the Italian and European shipping industry.
ALIS: Commission's proposals on the EU ETS are positive, but serious issues remain.
Rome
MIT adopts cold ironing guidelines
Rome
The aim is to ensure clear, uniform and transparent criteria for all Port System Authorities.
In the first half of the year, cruise traffic at GPH port terminals grew by +10.1%
Istanbul
In the second quarter alone the increase was +2.8%
Western Liguria Port Authority approves 2026 budget update
Genoa
Assiterminal clarifies its doubts about the responsibilities assigned to Porti d'Italia Spa.
Genoa
ABB buys British Rotork
Zurich/London
The Bath-based company specializes in flow control and industrial automation.
Central Adriatic Port Authority refinances €100 million from the Infrastructure Decree
Ancona
The funds concern seven strategic interventions of the port system
Container traffic at the Port of Los Angeles increased by 3.4% in the first half of 2026.
Los Angeles
In the second quarter, growth was +11.5%
IMO and ITF call for an end to attacks on seafarers and transport workers
London
Resurgence of incidents in the Black Sea, Sea of Azov and the Strait of Hormuz region
Container traffic in the port of Hong Kong grew by 0.2% in the second quarter of 2026.
Hong Kong
An increase of +6.5% was recorded in June
Uiltrasporti is strongly opposed to the establishment of Porti d'Italia Spa
Rome
Verzari and Gulli: the AdSPs must be coordinated by a public body that can protect port workers
CMPort sets new monthly, quarterly and half-yearly container traffic records
Hong Kong
In the first half of 2026, 78.3 million were moved (+4.6%)
In the first half of this year, the port of Singapore handled 22.7 million containers (+4.7%)
Singapore
Historic record for half-year bunker sales
Container traffic at the Port of Long Beach increased by 10.3% in the second quarter.
Long Beach
Growth of +1.7% was recorded in the first half of 2026
The new board of directors of Ferrovie dello Stato Italiane has been appointed.
Rome
Tommaso Tanzilli confirmed as president. Gianpiero Strisciuglio is the new CEO.
Port of Gioia Tauro: tender launched for completion of dredging activities
Gioia Tauro
The expected duration of the contract is 60 days
In the first half of 2026, cargo traffic in Turkish ports was 279.1 million tonnes (+1.5%)
Ankara
Cargoes with Italy alone amounted to 23.4 million tons (-2.5%)
The first steel cutting of the Carnival Destiny cruise ship.
Monfalcone
Fincantieri and Carnival celebrate the thirtieth anniversary of their collaboration
NatPower Marine acquires Aqua superPower to accelerate the electrification of ports and marinas
Monk
It operates the largest international network of electric charging points in Europe.
European Logistics Observatory established
Brussels
The aim is to strengthen the competitiveness, resilience and sustainability of European logistics.
Agreement reached at Mimit with JSW to relaunch the Piombino steelworks
Rome/Livorno
Gariglio: Strengthening integration between port docks and industrial areas
Agreement between Fincantieri and the Croatian shipyards Brodotrogir Cruise and Iskra Shipyard
Trieste
Initiative within the framework of the two-corvette program promoted by the Croatian Ministry of Defence
Evergreen, Yang Ming and WHL return to quarterly revenue growth
Keelung/Taipei
Four consecutive quarters of decline behind us
Project for a direct rail link between the port of Gioia Tauro and the Interporto D'Abruzzo
Pescara
PSA Genova Pra', the state of agitation has been lifted following the successful completion of the cooling procedure.
Genoa
Tax fraud on labor in the logistics sector
Milan
€28 million seized from four Milanese companies
ZPMC Delivers New Ultra-High Wind-Resistant Port Cranes
Shanghai
The world's tallest rail-mounted reach stackers for empty containers have also been built.
Peninsula and Itochu form joint venture to supply ammonia bunkering to European ports
Gibraltar
The initiative in response to the growing demand for zero-carbon fuels
Konecranes announced its entry into Japan
Helsinki/Tokyo
Acquisition of 70% of Mitsubishi Electric FA Industrial Products
Saipem wins $2 billion contract in Indonesia
Milan
Seven IMO regional coordinators have been introduced who will provide technical support to the organisation's Member States.
London
Jadrolinija has inaugurated its new fast maritime service Ancona-Zadar
Ancona/Zara
It provides five departures per week and a crossing of approximately four hours.
Hapag-Lloyd to reorganize services in the Adriatic
Hamburg
The port of Ancona, removed from the ADX line, will continue to be served by the IAS service
Eleven nominations for the eighteenth edition of the ESPO Award
Brussels
This year's theme is dual-use port-city projects
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Jotun COSCO Marine Coatings signs agreement with COSCO Shipping Bulk for 125 new vessels
Sandefjord
Advanced hull performance solutions will be implemented
Maersk issues first order for new containers produced in India
Copenhagen
Local production has been stimulated by the introduction of incentives
Last May, freight traffic in the port of Ravenna grew by +3.4%
Ravenna
An increase of +10.6% is expected in June
Sardinia's Port Authority spent approximately €157 million in PNRR funds
Cagliari
Achievement of the targets expected by June 30, 2026
Hannibal will inaugurate a new intermodal service from Melzo to Rotterdam Europoort on July 8th.
Melzo
Six weekly trains are scheduled that will be able to carry up to 38 cargo units
PSA to build and operate container terminal at Vietnam's Lach Huyen port
Singapore
Agreement with Lach Huyen International Logistics & Industrial Park
Sandro Bucchioni and Andrea Fontana confirmed as presidents of the La Spezia freight forwarders and maritime agents.
La Spezia
New two-year mandate
Konecranes has acquired the nuclear and port services segment of Spain's Coapsa.
Hyvinkää
The company has an annual turnover of approximately four million euros.
PSA Italy presented its 2025 Sustainability Report
Genoa
The document highlights, among other things, the employment data and the economic impact on the territory
The Central-Northern Adriatic Port Authority confirms the completion of the projects financed by the PNRR
Ravenna
Mirco Carloni has taken office as president of the Central Adriatic Port System Authority.
Ancona
The Grimaldi Group has taken delivery of the new PCTC Grande Oriente
Naples
It will be placed on the Asia-Europe route
Port of La Spezia: 60 Sea Log workers rehired by other port companies
La Spezia
Pisano (AdSP): very satisfied with the positive conclusion of this dispute
The Central Adriatic Port Authority announces that it has achieved its objectives under the PNRR
Ancona
The funds coming from the plan financed by the European Union amounted to 39.6 million euros
A workshop on cold ironing and related risks and insurance solutions will be held in London.
London
Rossi (ADVANT-Nctm): effective infrastructure development must necessarily take into account legal and insurance aspects
Fincantieri signs an agreement in Albania for shipbuilding training.
Trieste
Skills development for the growth of the new Pashaliman naval industrial hub
Reorganization of ro-pax traffic areas in the port of Catania
Catania
Ferries will no longer be moored on the central jetty or along the eastern breakwater
Maersk raises fiscal 2026 forecast
Copenhagen
Continued growth in demand for containerized shipping and increased spot rates
Green light for the awarding of railway shunting services in the ports of Savona and Vado
New trucking area in the port of Genoa
The Italian Ports Association will hold its assembly in Naples on Wednesday.
Rome
The discussion on port governance reform will be at the heart of the proceedings.
Registration for seafarers' registers is now open to non-EU citizens residing in Italy.
Genoa
Vidotto (Foundation of the Italian Merchant Marine Academy): a step towards civilization
Project to build shipyard in Tartous port expected to accelerate
Damascus
Meeting between a delegation from Kuzey Star Shipyard and the leaders of the Syrian General Authority for Ports and Customs
Port of Gioia Tauro: Work to reactivate hauling and launching operations has been completed.
Gioia Tauro
These operations had been at a standstill since 2024
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will take place in Genoa on July 1st.
Genoa
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
The conference "EU-Mercosur Agreement: The Role of the Maritime Economy" will be held in Genoa on July 1st.
Genoa
It is organized by the Casa America ETS Foundation and the Western Liguria Port Authority
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
››› Meetings File
PRESS REVIEW
Govt does not interfere in port management appointments - Loke
(Bernama)
World's first floating fusion reactor-powered vessel could become reality with new project
(Interesting Engineering)
››› Press Review File
FORUM of Shipping
and Logistics
Intervento del presidente Tomaso Cognolato
Roma, 19 giugno 2025
››› File
In Spain, €11.8 million in eco-incentives have been allocated for the use of motorways of the sea.
Madrid
163,672 shipments made by 32 companies subsidized
ABB has signed an agreement to buy Norwegian marine automation company Høglund.
Zurich
The Tønsberg-based company's integrated automation system is currently installed on over 600 vessels.
Port of Gioia Tauro: tender launched for the redevelopment of the ro-ro docks
Gioia Tauro
Worth 5.6 million euros, the works will last 210 days
Grimaldi confirms the important role of the port of Catania in its strategies
Catania
The aim is to increase services and make existing ones even more efficient.
Annual growth of +6% in cruise traffic and +2% in ferry traffic is expected in the Adriatic
Venice
It is the only Mediterranean region to have recorded a decline in cruises in the period 2019-2025
PSA Padova established to develop and manage the Padua intermodal terminal
Padua
The shareholders of Interporto Padova and Padova Hall have approved the merger plan
The Federagenti assembly will be held in Civitavecchia on July 3rd.
Rome
Pessina: We will not discuss regulations, community relations, or the pursuit of theories and bureaucracy, but rather the challenges of Italian port infrastructure.
Spediporto has opened its own representative office in Hong Kong
Genoa
Giachero: the opening of this desk is also an opportunity for young people
Arcese, Conti and Cosulich establish a company for the port logistics of finished vehicles
Livorno
HMM orders eight bulk carriers and two gas carriers
Seoul
Investment of approximately 1.1 billion dollars
MPC Container Ships has purchased four 7,000 TEU containerships built between 2023 and 2024.
Oslo
Investment of 340 million dollars
FedEx posts record quarterly and annual revenue
Memphis
Total revenues in fiscal year 2026 amounted to $94.7 billion (+7.7%)
Geopolitical uncertainty has become the main risk for shipping
Munich
Evergreen purchases 140,500 new containers in China
Taipei
Investments totaling $358.9 million
Yesterday, the Strait of Hormuz was crossed by 42 commercial vessels
Paris
For the first time since the beginning of the conflict, several LNG tankers entered the Persian Gulf
Memorandum of Understanding for the Launch of Drone Use in the Port of Palermo
Palermo
Submission of the request for the establishment of U-Space
Saipem wins new $1 billion offshore contract in Angola
Milan
It was awarded by Azule Energy for the Greater PAJ project
Port of Ancona: Dredging work has begun on the seabed of quay 22.
Ancona
Approximately six thousand cubic meters of sediment will be removed
Confitarma welcomes clarifications regarding ship waste collection management.
Rome
The need for uniform application of the legislation throughout the country was highlighted.
The Tuscan Cooperation Development Fund invests in Uniport Livorno.
Livorno
Operation for a total of 880 thousand euros carried out together with co-investor Coopfond
Fit-Cisl, recognizing dock work as arduous is a priority
Genoa
Pagnotta: This is not a corporate claim, but a question of social justice.
Hupac increases weekly rotations between Antwerp and Busto Arsizio via France to four.
Noise
Two additional departures of the intermodal service introduced
From July, the tariff for naval transit through the Turkish Straits will increase by +14.9%.
Istanbul
It will be raised to $6.70 per net tonne
Fincantieri and Republikorp sign agreement to build multipurpose naval vessels in Indonesia.
Paris
The establishment of a joint venture is planned
Study on the divergences between the EU Ship Recycling Regulation and the Hong Kong Convention
Brussels/London
It has been published by ECSA and ICS
The 2026-2028 POT of the Southern Tyrrhenian and Ionian Sea Port Authority has been approved.
Gioia Tauro
Approval also granted to the 2026 budget forecast variation and to the update of the Port's Staffing Plan.
Autonomous Navigation: ABS, Polaris Shipping, HHI, and AVIKUS Sign Agreement
Athens
It will be tested on a VLOC under certain low-risk conditions
Tomorrow in Sant'Agnello (Naples) the inauguration event of the Italy Branch of The Nautical Institute
London
The topics of discussion will include energy transition in the maritime industry, maritime education and training.
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